this post was submitted on 14 Sep 2023
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Unity bosses sold stock days before development fees announcement (www.eurogamer.net)
submitted 1 year ago by L4s to c/technology
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Unity bosses sold stock days before development fees announcement::Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …

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[–] [email protected] 3 points 1 year ago

All execs sell their own stock all the time. You're just aware of it today for one company so it seems like an issue.

Riccitiello has 3 million shares. He sold 2k (.06%) recently and 50k (1.5%) YTD.

You should also be made aware that when you are identified as a director of a company, trades like this are generally automatically scheduled due to MNPI regulations.

https://www.gurufocus.com/stock/U/insider

Tim Apple sells about a million shares of AAPL every year, while holding roughly 3M continuously. Likely all pre-planned on a schedule.

https://www.gurufocus.com/stock/AAPL/insider